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NEW DELHI: Chandrayaan 2 lander Vikram is geared up for a soft landing on the south pole of the Moon surface in early hours of Saturday. If successful, it would make India the first country to land on this part, and the fourth overall on the Moon surface.

It would not only increase the stature of Isro as a leading world space agency, but also open up opportunities for domestic public and private players in future space projects.

For Chandrayaan 2, domestic companies including listed companies such as L&T and Lakshmi Machine Works contributed to manufacturing of critical parts for the mission.

On Friday, shares of Lakshmi Machine Works traded 1.95 per cent higher at Rs 3,647. Year to date (YTD), the stock is down 36 per cent. Shares of L&T were up 0.8 per cent at Rs 1,330, but down 7 per cent YTD.

Unlisted Godrej Aerospace, a subsidiary of Godrej & Boyce which is also among the promoters of GCPL and Godrej properties, also contributed to the projects. Ananth Technologies, MTAR Technologies, Inox Technologies, Centum Avasarala and Karnataka Hybrid Microdevices are among a few unlisted firms that contributed their bit to the project.

While L&T Aerospace (L&T’s unit), Godrej Aerospace, and Inox focused mainly on the launch vehicle, others worked on the spacecraft. Isro developed the lander and rover entirely in-house.

ISRO has already started working on Gaganyaan 2022. It has initiated steps to involve the industry in launch vehicle integration, which is where L&T sees sizeable opportunity for itself, it said in its FY19 annual report.

The moment 130 crore Indians were enthusiastically waiting for is here! In a few hours from now, the final descen… https://t.co/kWCRxbY2Tc

L&T and listed PSU HAL have signed a consortium agreement to produce complete launch vehicles for ISRO. HAL traded 0.70 per cent higher at Rs 665.95 but down 17 per cent YTD.

ISRO is also aiming to launch Aditya - L1, its first Indian mission to study the Sun in 2020. Besides the space agency is also looking to send a manned mission to space and land a probe on Mars in 2022-2023

Indian aerospace companies are maturing and looking for contracts from the big aerospace companies like Boeing and Airbus. “Export is a spinoff of our investments in the space programmes,” SM Vaidya, executive vice-president of Godrej Aerospace, told ET in June.

For the ongoing lunar mission, L&T made the 3.2-m solid motor, largest so far in the country and the third largest ever in space history. It also made the inter-stage connectors and the heat shield for the lunar spacecraft.

Godrej Aerospace made cryogenic and liquid engines for the GSLV Mark III. It also made liquid engines that were used to raise the orbit before the spacecraft begins its journey to the moon. These engines will be used to slow it down once it reaches the moon and then even further during descent.

Nearly 80 per cent of the launch vehicle and 60 per cent of the spacecraft are made privately by the 400-odd companies that work with Isro. Chandrayaan 1 (2008) and Mangalyaan missions (2014) were two earlier mission ISRO carried out in space exploration.

After Saturday’s landing, rover Pragyan will roll out and carry out experiments on the lunar surface for 14 days, equivalent to one lunar day. Vikram has a life of one lunar day. The orbiter will continue its mission for one year.